Knowledge and Information on Finance Clean Green Japan ICSSA Nov 23-24 2009, Bangkok Eduardo Fukui

Knowledge and Information on Finance

Clean Green Japan

ICSSA

Nov 23-24 2009, Bangkok

Eduardo Fukui

Global New Investment in Sustainable Energy, 2002-2008

Global Trends in Sustainable Energy Investment 2009

22 2735

60

93

148155

2002 2003 2004 2005 2006 2007 2008

S/RP, corp RD&D, gov R&D

Financial investment

Growth: 25% 29% 73% 54% 59% 5%

S/RP = small/residential projects. New investment volume adjusts forre-invested equity. Total values include estimates for undisclosed deals

Source: New Energy Finance

Global Transactions in Sustainable Energy, 2008Global Trends in Sustainable Energy Investment 2009

S/RP = small/residential projects. Total values include estimates for undisclosed deals. * data based on estimates from various industry sources

22367

15520

97

-342117

810

6

VC CorpRD&D*

Totalinvestment

S/RP*Assetfinance

GovR&D*

Publicmarkets

new equity

M&A/B-O etc.

Total transactions

Re-invested

Total company investment

PE

Technology development

Equipment manufacturing/scale-up

Projects

Asset and company mergers, acquisitions, refinancing, buy-outs etc.

Source: New Energy Finance

Global Financial New Investment Quarterly Trend, Q1 2002 - Q1 2009

Global Trends in Sustainable Energy Investment 2009

New investment volume adjusts for re-invested equity. Total values include estimates for undisclosed deals

Source: New Energy Finance

13

23

32

36

28

40

27

242322

15

19

1111

897

643

43

22

42212

Q1'02

Q2'02

Q3'02

Q4'02

Q1'03

Q2'03

Q3'03

Q4'03

Q1'04

Q2'04

Q3'04

Q4'04

Q1'05

Q2'05

Q3'05

Q4'05

Q1'06

Q2'06

Q3'06

Q4'06

Q1'07

Q2'07

Q3'07

Q4'07

Q1'08

Q2'08

Q3'08

Q4'08

Q1'09

4Q running average

Financial New Investment, by Technology, 2008 and growth on 2007

Global Trends in Sustainable Energy Investment 2009

New investment volume adjusts for re-invested equity. Total values include estimates for undisclosed deals

Source: New Energy Finance, UNEP SEFI

51.8

33.5

16.9

7.9

3.2

2.2

1.8

1.5

1%

49%

-9%

-25%

-5%

149%

-33%

-37%Other low carbon tech/services

Efficiency

Geothermal

Marine & small-hydro

Biomass & waste-to-energy

Biofuels

Solar

Wind

Growth:

VC/PE New Investment, by Stage, 2002-2008Global Trends in Sustainable Energy Investment 2009

Buy-outs are not included as new investment Total values include estimates for undisclosed deals

Source: New Energy Finance

0.6 1.01.7

3.0

7.4

9.8

13.5

2002 2003 2004 2005 2006 2007 2008

PIPE/OTC

PE expansion capital

VC late stage

VC early stage

Growth: 51% 77% 76% 146% 34% 37%

VC/PE New Investment, by Technology, 2008 Global Trends in Sustainable Energy Investment 2009

Venture Capital/Private Equity new investment excludes PE buy-outs. Total values include estimates for undisclosed deals

Source: New Energy Finance, UNEP SEFI

Biomass & w-t-e

Marine & small-hydro, 0.3Geothermal

Other low carbon 1.2

Efficiency, 1.5

Wind, 1.8

Biofuels, 2.0

Solar, 5.5

0.70.5

Public Market New Investment, by Technology, 2002-2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy Finance

11.4

23.4

11.0

4.1

0.70.40.3

2002 2003 2004 2005 2006 2007 2008

Marine & small-hydro

Biomass & w-t-e

Geothermal

Efficiency

Other low carbon

Biofuels

Wind

Solar

Public Markets New Investment, by Technology, 2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy Finance, UNEP SEFI

Other low carbon, 0.3

Efficiency, 0.3

Geothermal, 0.3

Biomass & w-t-e, 0.2

Marine & small-hydro, 0.0

Biofuels

Wind, 3.2 Solar, 6.4

0.7

Asset Financing New Build, by Technology, 2002-2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy Finance

97

85

50

28

1410

6

2002 2003 2004 2005 2006 2007 2008

Geothermal

Marine & small-hydro

Biomass & w-t-e

Biofuels

Solar

Wind

Total values include estimates for undisclosed deals

Asset Finance New Build, by Technology, 2008Global Trends in Sustainable Energy Investment 2009

Total values include estimates for undisclosed deals Source: New Energy Finance, UNEP SEFI

Marine & small-hydro

Geothermal, 1.9

Biomass & w-t-e

Biofuels, 14.9

Solar, 22.1

Wind, 47.9

3.67.4

Asset Financing New Build, by Region, 2002-2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy FinanceTotal values include estimates for undisclosed deals

97

85

50

28

1410

6

2002 2003 2004 2005 2006 2007 2008

Middle East & Africa

South America

Asia & Oceania

North America

Europe

Financial New Investment by Region, 2002-2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy Finance, UNEP SEFINew investment volume adjusts for re-invested equity. Total values include estimates for undisclosed deals

Financial New Investment by Region, 2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy Finance, UNEP SEFI

Middle East & Africa, 2.6

South America

Asia & Oceania, 24.2

North America, 30.1

Europe, 49.7

12.3

New investment volume adjusts for re-invested equity. Total values include estimates for undisclosed deals

Acquisition Transactions by Type, 2001-2008Global Trends in Sustainable Energy Investment 2009

Source: New Energy FinanceTotal values include estimates for undisclosed deals

6760

40

30

10863

2001 2002 2003 2004 2005 2006 2007 2008

PE buy-outs

Public market investor exits

Corporate M&A

Asset acquisitions & refinancing

16

Investment figures

Cleantech Group LLC

17

Investment figures

Cleantech Group LLC

18

Definition?

One example- Japanese statisticsJapan society of industrial machinery manufactures Reports semi- annual figures on sales of “Environmental Equipment”

Which include, ●Air Pollution Control Equipment  ●Water Pollution Control Equipment ●Waste Treatment ＆ Recycling Equipment  ●Noise ＆ Vibration Control Equipment ●Clean Room 

●Soil ＆ Groundwater Redemption Equipment 

…This does not reflect recent development of Clean Energy business and Green Businesses.

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Cleantech Group LLC

Mapping Clean & Green Business in Asia

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20

In search of… Profitable Business !

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21

Market map

The China Greentech Report 2009

22

Market growth- China

The China Greentech Report 2009

23

Market growth- China

The China Greentech Report 2009

24

Wind

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Strictly confidential 25

Wind

Clean Green Japan

Strictly confidential 26

Wind

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Strictly confidential 27

Key drivers of business

* Technology/ Innovation

* Consumer awareness/ Market demand

* Policy

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Policy Support – Case on China

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29

China in the News

*The low carbon road map

12th five-year Plan, draft revealed on Nov.12th

at CCICED

* Task force under - China Council for International Co-operation on Environmental

Development led by Li Keqiang, vice-premier. - Scenario Analysis by Chinese Energy Research Institute a) 13bn tonnes b) 9bn tonnes c) 5bn tonnes in 2050

* Decoupling key

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30

China- US

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Xinhua news

Chinese Vice Premier Li Keqiang said here Tuesday that he hoped China and the United States would strengthen dialogue on policies and seek a more effective cooperative mechanism to promote clean energy development

Both Li and Liu attended the Sino-U.S. clean energy cooperation signing ceremony after the meetings. On the ceremony, the two nations signed memorandum of understandings aiming to promote cooperation in clean energy development.

China- Japan Hatoyama visit to China

The forum, first initiated in 2006, was attended by about 1000 representatives from the political, business and academic circles of the two countries this time. China and Japan signed 42 cooperation agreements on energy-saving and environmental protection projects at the forum.

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Chinese Vice Premier Li Keqiang addresses the fourth China-Japan energy conservation forum in Beijing, capital of China, Nov. 8, 2009.

Xinhua news

Clean & Green Business Alliances - International efforts -

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33

34

35

36

Energy Efficiency

JBASE-W

58 Japanese MNCs

19 Industry Asscoations

11 Govermnetal and Inter G organizaton

Strictly confidential 37

Water

38

39

40

Clean Green Japan

Private companies need help

…in taking businesses over seas

1) Experience in International Aid

Ties with local and central government

Legislation, business customs and other political issues

2) Global network of researchers

Global commons

Setting agenda

Can be provided from Academia/ Government sector

41

fukui@cleangreenjapan.com

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